A. There is imposed a sales and use tax as authorized by Washington State Legislature Chapter 338, Laws of 2019, which shall be codified in Chapter 82.14 RCW (RCW 82.14.540), upon every taxable event, as defined in Chapter 82.14 RCW, occurring within the city of Lacey. The tax shall be imposed upon and collected from those persons from whom the state sales tax or use tax is collected pursuant to Chapters 82.08 and 82.12 RCW.

B. The rate of the tax imposed under this section shall be 0.0073 percent of the selling price or value of the article used.

C. The tax imposed under this section shall be deducted from the amount of tax otherwise required to be collected or paid to the Department of Revenue under Chapter 82.08 or 82.12 RCW. The Department of Revenue will perform the collection of such taxes on behalf of the city of Lacey at no cost to the city.

D. The Department of Revenue will calculate the maximum amount of tax distributions for the city of Lacey based on the taxable retail sales in the city in state fiscal year 2019, and the tax imposed under this section will cease to be distributed to the city of Lacey for the remainder of any state fiscal year in which the amount of tax exceeds the maximum amount of tax distributions for the city as properly calculated by the Department of Revenue. Distributions to the city of Lacey that have ceased during a state fiscal year shall resume at the beginning of the next state fiscal year. (Ord. 1561 §1 (part), 2019).